GLA vs Room Count: Why they compete in Price Models.

Many features in house price models are collinear; as you vary the value of one factor, the other factor will also change correspondingly, to varying degrees.  For example, increasing the Room Count of a house will typically increase the size or gross living area (GLA).  This is a strong tendency.    This makes model construction difficult […]

GLA vs Room Count: Why they compete in Price Models. Read More »